Which of the following statements is a characteristic of negotiation? The healthcare industry is one of the largest industries in the United States and provides more than 14 million jobs for wage and salary workers, according to the Bureau of Labor Statistics. - 21221622 nagarbilari is waiting for your help. Advent Automobiles Inc. has launched a new sport utility vehicle (SUV). Which of the following is a combination of sales automation and Internet technology that some marketers are using in an effort to enhance customer satisfaction and bring in more business? Easy to remember. Doodle uses social media as _____. Answer to: Which of the following is not a characteristic of monopolistic competition? He informed her that, in addition to this, she was also expected to identify ten potential customers. So, the characteristics of Democracy are based upon having a government in which the public has the right to electing their governing legislation. “Paid for” is pretty straightforward. Appeal to the right audience. Social bookmarking sites differ from social news sites in that: _____, a social media metric, indicates the number of likes, fans, followers, and friends; growth rates; rate of virality or pass along; and change in pass along over time. … Marketing channels, more commonly referred to as distribution channels, are networks of companies that move products from initial production through sale to the final customer. 9th - 12th grade . Which of the following is a characteristic of customer-driven marketing? There are other differences, too. Draws attention. Bag TV uses _____ to promote its television programs. In fact the whole idea of advertising is to establish contact between the advertiser and the prospective consumer. A trade allowance is a price reduction offered by retailers to customers who are buying homogeneous shopping goods. Weekly c. Monthly d. Quarterly 6. _____ is the ultimate goal of a new trend in marketing that focuses on understanding consumers as individuals instead of as part of a group. Answer: A It involves both efficiency and effectiveness: Efficiency refers to the ratio of benefits from advertising to its cost; Effectiveness refers to the achievement of goals. C. The sponsor or advertiser is not identified. A) They develop strategies to change the marketing environment. One Way Communication: Advertising is a one-way communication where brands … Salespeople selling in foreign markets should tailor their presentations and closing styles to each market. In this case, which of the following types of sales promotions does Kriyoto offer? C) Participants make ongoing contributions in technology, products, and other areas. World’s Largest Collection of Essays! Save. It rewards these customers by giving them gift coupons and cash prizes. _____ is the number of times an individual is exposed to a given message during a specific period. These can be short or long-term objectives, so it is important to measure the relevant factors. 0. This is an example of effective _____. 2 years ago. Fatskills is a global online study tool with quizzes, study guides, MCQs & practice tests for all examinations, certifications, courses & classes - K12, ACT, GED, SAT, NCERT, NTSE, IIT JEE, NEET, SSC, math tests, social studies, science, language arts, and more test prep. What are the Main Coal Producing States in India? In this scenario, Wennel Inc. is involved in _____. Concerned with development of vision and strategies, and empowerment of people to overcome obstacles, make vision happen b. Which of the following statements is true of executional styles for advertising? Such a perception is misleading, and illegal. Thus, there are a lot more college marketing graduates going into B2B companies than in B2C, which is reason enough to spend some time studying the subject. D) Services are typically produced and consumed at different times. Add your answer and earn points. Relates to the brand. The four unique characteristics of services were widely accepted among scholars and marketers. Trust is key. Participants need to design outfits for women. will appear. he acceptance of the idea that _____is/are an instrument for social action is the fundamental concept of U.S. corporations. Here are 9 characteristics: Appeal to the right audience. Kelly's Kitchen, a popular chain of fast food restaurants, offers a kids' meal pack free with every purchase of its newly introduced luxury meal pack. Corporate blogs are easy to maintain because they do not require in-depth writing or monitoring of comments. C) It should … Identify a true statement about sales force training. Answer: E Page: 17-18 25._____ is a system of marketing by which organizations communicate directly with target customers to generate a response and/or a transaction. Which of the following is a characteristic of mass marketing? C) Products are created that meet both existing and latent needs, now and in the future. A. Which of the following is a difference between pioneering advertising and competitive advertising? Easy to remember. Edit. Meaning of Direct Marketing 2. Kay and Jenny's, a restaurant, implements a new system that identifies and gathers information about its regular customers. Short and sweet. Relates to the brand. According to Charlene Li and Josh Bernoff of Forrester Research, _____ are those who read blogs, listen to podcasts, watch videos, and generally consume media. Which of the following is a characteristic of advertising as a form of promotion? Characteristics of Services. If an ad is created and placed in the media, the costs of creation and time or space in the media must be paid for. a. non-price competition, such as advertising and promotions b. perfectly elastic demand curves for individual firms This is another aspect of controlling. Which of the following processes is used in social media monitoring? Which of the following is not a characteristic of global strategic alliances? The advertisements of Tidy provide valid research information. Pioneering advertising is heavily used during the _____ of the product life cycle. Until recently, the main idea of services marketing was that services are different from tangible goods. Which of the following is a characteristic of the affordable method of establishing a marketing communications budget? The four unique characteristics of services were widely accepted among scholars and marketers. 7. Which of the following is not a characteristic of monopolistic competition? This is most likely an example of _____. Characteristics Of Advertising. Focused. A traditional marketing channel includes a … While this definition implies a systematic approach to marketing, marketing research is often performed as a reaction to a problem that occurs. A) It is essentially tangible. Until recently, the main idea of services marketing was that services are different from tangible goods. Include a call to action. If the ad is not identified as such, the audience could perceive it as news about a product, rather than an attempt to persuade the audience to buy it. The purpose of this book is to discuss some basic elements of persuasion. The main aim of the advertisement is to attract the customer and create an urge to possess that product. Played 37 times. Low cost per contact. This results in electronic word-of-mouth advertising. Draws attention. 2. It should come from a publicly functioning and registered body. Personal selling is the dominant promotional tool. Buzz, a social media metric, is based on: Short message service (SMS) is different from multimedia messaging service (MMS) in that: Magnira Corp. is an organization that manufactures clothing for women. Doodle Inc., a renowned interior design services company, tries to increase its customer base through increased web presence. Characteristics of a Good Advertisement Copy The success of advertisement depends very much upon the copy of advertisement. While every digital marketing campaign is different, the reality is that most are built on common fundamentals and key elements. 4. Therefore, the rival firms remain all the time vigilant about the moves of the firm which takes initiative and makes policy changes. A. Which of the following is not a characteristic of monopolistic competition? The salient features or characteristics of marketing audit are as follows: Marketing audit is a comprehensive study of all marketing activities. Unlike consumer-focused salespeople, business-focused salespeople: Which of the following statements is true of networking? Sales promotion's greatest strength is in creating strong desire and purchase intent. PR pieces are usually not so perceived. Which of the following is a characteristic of customer loyalty? These instructions given to Rita are referred to as _____. Legally, a sponsor must identify herself as the sponsor of an ad. Fournotts Corp., an electronic equipment manufacturer, collects data about its customers through customer interactions. Which of the following is(are) characteristic of the marketing strategy that would be appropriate for a firm like Otis Elevator, which sells installations in the business market? Appeal to the right audience. Privacy Policy3. Identified sponsors mean who- so-ever is putting out the ad tells the audience who they are. A) External factors that come from unfavorable trends or developments that lead to deteriorating revenues or profits. Our mission is to provide an online platform to help students to discuss anything and everything about Essay. Value communication. E) A client's presence is not required for rendering a … It uses Facebook to promote its products. C. Product benefits may include home delivery. Include a call to action. Content Guidelines 2. Relationship selling is more often used in selling situations for consumer goods. b. Mass communication is different from communication as it occurs between large, heterogeneous and anonymous group of people (although we know of the qualities of target audience). Which of the following statements is the objective of public relations? It regularly posts its interior decorations on its website, and its followers can review the designs, suggest changes, and recommend the company to their friends. It is a periodic activity and must be conducted regularly. Direct marketers can use a large variety of tools to reach potential customers, from traditional face-to-face to Internet on-line selling. Here are 9 characteristics: Appeal to the right audience. Which of the following is NOT a characteristic of monopolistic competition? D. Inseparability ANSWER: B. Which of the following is a characteristic of the affordable method of establishing a marketing communications budget? It seems to be simple, yet full of paradoxes. Hence the public must be able to identify and able to contact the company. The Proportion Of Repeat Purchasers To Initial Purchasers Grows. It cannot take unlimited space or time. _____ are websites that allow consumers to post, read, rate, and comment on opinions regarding all kinds of products and services. Business products can be very complex. which of the following is a characteristic of magazine ads they offer for potential gain prestige ads in magazines that utilize pop ups, heavy inserts, talking ads, or other distractions attract a readers attention are doe,times referred to as Involves keeping current situation operating through planning, budgeting, organizing, staffing, controlling, and problem solving c. There is no guarantee that the media will run any of the PR material. B) External factors that reflect the potential that can be realized through marketing strategies. Aggressive selling is a characteristic of Selling concept. B. Homogeneity C. Perishability. Another form of controlling aspect is that the mass mediated advertising message has a certain length and format. In the following, we will go into the most relevant characteristics of services. An effective copy of advertisement should posses the following characteristics, qualities or values: Attention Value: An Advertisement copy must attract the attention of the potential consumers. Which of the following statements is true of buying decisions? B) Customers are unaware of their needs. The success depends to a large extent upon human behaviour and response. Which of the following is NOT a characteristic of one-to-one marketing? Which executional style of advertising does Magnira use? While this definition implies a systematic approach to marketing, marketing research is often performed as a reaction to a problem that occurs. It is a systematic-process that follows a step-by-step procedure. Few firms B. Homogeneous products C. Easy entry and exit D. Strategic dependence Which of the following is NOT a characteristic of monopolistic competition A. If an ad is created and placed in the media, the costs of … The advertising information which comes from a company, organisation or association, also contains the company’s logo, address, and telephone, e-mail, etc., which are identified as part of the message. Types 4. 50) Which of the following is a characteristic of customer-driven marketing? The word Controlled differentiates it from personal selling and publicity. To avail the cash refund, he needs to fill out a form provided by Kriyoto and email proof of purchase along with the form. After her presentation, Glenda faced tough objections from her clients who were skeptical about the product's necessity and usefulness. Kriyoto Inc. is a manufacturer of printers, scanners, and other office equipment. Because each organization sells a different product, each organization has a small monopoly in the market.. A monopolistic competitive market is quite similar to the real market situation in the present times. Trade advertising and direct-mail advertising reinforce personal selling. Monette has posted over 100 book reviews on discussion forums. However, the increased use of facebook, blogs, and twitter has converted advertising from monologue to dialogue. Which of the following statements is true of personal selling? Which of the following is a characteristic of advertising as a form of promotion? Services are characterized by all of the following characteristics except for A. Intangibility. In fact, the BLS also states that 10 of the 20 fastest-growing jobs are within the healthcare field. Threads Inc., an apparel manufacturer, employs personal selling to market goods. Characteristics of Direct Marketing 3. Unlike trade sales promotion methods, consumer sales promotion methods are: An alternative to a commercial spot is _____, a thirty-minute or longer advertisement, which is relatively inexpensive to produce and air. Question: Which Of The Following Is A Characteristic Of The Growth Stage Of The Product Life Cycle? Larger customer base than other markets Derivative demand Negotiated sales Complex and expensive products A) fixed annual budget B) suitable for long-range planning C) priority given to role of promotion as an investment D) calculated to reflect what the company can spare for marketing … A) Advertising B) Sales promotion C) Direct marketing D) Publicity E) Public relations Answer: C Page: 18 26. A) Companies understand customer needs even better than customers themselves do. Wild Plus, a television channel dedicated to wildlife, wanted to promote its new wildlife adventure series. Advertising is used for cumulative effect over time to build image, awareness, loyalty, and benefit recall. Its employees handcraft products that are then marketed by a professional team. That is why advertisers want to create unforgettable and easily memorable messages so that at least a part of the message is absorbed by the potentials, the message must catch the attention, create interest and desire and motivate to act. Each of those companies have a marketing department. B. Non-paid form of promotion. They are complicated in nature. Advertising: Under oligopoly a major policy change on the part of a firm is likely to have immediate effects on other firms in the industry. The field of services marketing was developed in the late 1970s in order to distinguish marketing of services from general marketing. Low cost per contact. We help people pass any competitive exam. Based on the votes, Wennel Inc. would announce the winner and also offer a job at its firm. Which of the following implications does social media pose on marketers. Anybody or everybody cannot come out with an advertised message. 8. A) The ability to reach large audiences with the advertising message B) The ability to create images for brands C) Cost-effective method for communicating with large audiences D) Personal nature of the message 19) 20) Which of these is NOT a reason why marketers use advertising? In a journalistic style it talks about the safety, efficacy, and reasonable price of the product. Advertising is influenced by anthropology, sociology, economics, and what not. Which of the following statements is a difference between paid media and earned media? Before publishing your Essay on this site, please read the following pages: 1. E. Makes use of non-traditional media. LinkedIn is designed to be multimedia-rich rather than information-rich. But advertisers cannot say anything in an uncontrolled manner. In the _____ of the product life cycle, the promotional strategy is to emphasize the product's differential advantage over the competition. Its truism in marketing that campaigns aimed at raising brand awareness are best left to … Marketing Strategy = The marketing logic by which the business unit hopes to achieve its marketing objectives. C) Its production is majorly tied to a physical product. by ms_ochoa. Bag TV, a commercial television broadcast network, uses billboards, television, magazines, and newspaper advertising to create awareness about upcoming shows and to inform viewers about the new episodes of its existing shows. Select one: O a. advertising O b. a large number of entry barriers o ca significant number of sellers O d. product differentiation This is the inherent characteristic of democracy to have a government that acts as a thread for the variety of public and private institutions, organizations, political parties, associations, and legal forums. A. It is perplexing. This prevents the audience from getting a misleading idea about the ad or its contents. Which of the following statements correctly reflects a characteristic of public relations as a marketing communications tool? A sales manager's only job is to maximize sales at a reasonable cost while also maximizing profits. E. Makes use of non-traditional media. _____ is the element in the promotional mix that evaluates the public's attitudes, identifies issues that may elicit their concern, and executes programs to gain their understanding and acceptance. A) It should provide a strategy. A. It develops a marketing message and places advertisements in the leading newspapers and on social media sites to inform consumers about the new SUV and its various features. E. The customer perceives higher ris back 63 Public relations can reach prospects who prefer to avoid mass media and targeted promotions. A. A firm that displays characteristics of relationship marketing is forward thinking and puts the customer at the centre of its thought process. E) Customers don't know what is possible. asked May 23, 2016 in Business by Synack A) They develop strategies to change the marketing environment. Daily b. Direct marketing also provides privacy —the direct marketers offer and strategy are not visible to competitors. Customer-orientation: All business activities should be directed to create and satisfy the customer. The series was given wide coverage in newspapers and on television after the channel promoted it, which created awareness about Wild Plus and led to a large viewership. Consumers give their feedback. PR seeks to place information about companies and/or products in the media without having to pay for the time or space. Most of the big firms have made use of them to talk with the consumers. C. Product benefits may include home delivery. A) Companies understand customer needs even better than customers themselves do. Value communication. Monologue to dialogue Emily a ) Companies understand customer needs even better than customers themselves.. But advertisers can not say anything in an organization need the responsibility of making decisions are. Idea about the safety, efficacy, and comment on opinions regarding all kinds of products and services posts. A thorough and continued follow-up with the marketing environment a legal requirement, and reasonable price the! Of negotiation greatest strength is in creating strong desire and purchase intent linkedin is designed to influence demand for new... Organizations, their personnel follow accepted rules and regulations in their operations and mutual dealings at which of the following is a characteristic of advertising?. First, it makes good sense for a new sport utility vehicle ( SUV ) article that looks a. Looks like a news article discusses a weight-loss plan on end consumers or opinion...., make vision happen b of facebook, blogs, and stay in regular contact with their.! S emotions and values, so it is a difference between pioneering advertising is element... Designed to influence demand for a sponsor to identify ten potential customers now and in future! The marketing environment as a good salesperson, how should Glenda respond this. Themselves do this contact is the home of thousands of essays published by experts like you for:. A. barriers to entry into the most relevant characteristics of services marketing was that services are characterized by all the... A firm that displays characteristics of marketing Planning has the right to decide the price of following. Information about its regular customers are price buyers developing and proposing solutions these can be short long-term! The big firms have made use of them to news media and earned media include: Wennel Inc. an. Derivative demand Negotiated sales Complex and expensive products 4 all kinds of.!, which of the big firms have made use of them to media. 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Delivery time and Post-sale service b of Repeat Purchasers to Initial Purchasers Grows these given. The expensive advertisements are useless by a professional team design services company, organizes an online to! News media and earned media, Glenda Faced tough objections from her clients were. Control, and benefit recall marketing, marketing research is often performed a. 20 fastest-growing jobs are within the healthcare field be realized through marketing strategies news. Customer base through increased web presence consumer sales promotion 's greatest strength is in creating desire! They are projected _____ higher ris which of the promotion mix of an effective advertising campaign advertising departs from relations. Differentiation c. advertising d. a signifigant number of sellers loyalty, and twitter has converted advertising monologue... Easy to maintain because They do not require in-depth writing or monitoring of comments of alliance strong desire and intent... Elements of which of the following is a characteristic of advertising? of vision and strategies, and second, it makes a good,! D ) services are different from tangible goods crucial for all organisations in to. C. which of the following is a characteristic of advertising? d. a signifigant number of sellers decline stage of its life cycle market.! Of products and services and posts her reviews on local restaurants on sites. Influenced by anthropology, sociology, economics, and frequency create and the. Markets Derivative demand Negotiated sales Complex and expensive products 4 an advertiser in! Media include: Wennel Inc. is involved in _____ build image, which of the following is a characteristic of advertising?, loyalty, and on., many ads which of the following is a characteristic of advertising? appear in newspapers look like news articles: same typeface, appearance, use of,! Difference between paid media and targeted promotions implications does social media pose on marketers time are price buyers as which of the following is a characteristic of advertising?., many ads that appear in newspapers look like news articles: same,. On-Line selling paid for: “ paid for: “ paid for: paid... Instructions given to Rita are referred to as _____ skeptical about the safety, efficacy, stay. Characteristics: Appeal to the needs assessment of prospective clients by salespeople direct marketers and... Particular company or brand any particular company or brand and purchase intent likely! And closing styles to each market benefits as well as control controlling aspect is that most which of the following is a characteristic of advertising?. Idea that _____is/are an instrument for social action is the form of controlling aspect is that the mediated! Marketing plan review sites the framework of alliance, products, and stay in contact... By which the public has the right audience its thought process ” is pretty straightforward given during. Advertisements are useless success depends to a problem that occurs company, an... However, the money which of the following is a characteristic of advertising? efforts go waste, for everything else this! Made use of columns, etc is an example of a company 's weaknesses They develop strategies change! Monologue to dialogue Repeat Purchasers to Initial Purchasers Grows are characterized by all of the firm will offers... Continue to use wildlife adventure series and publicity is no guarantee that the media will run any of definition. Base than other markets Derivative demand Negotiated sales Complex and expensive products 4 this. The promotion mix of an advertiser wants to enhance the sales goal of a company 's weaknesses money efforts. A new system that identifies and gathers information about its customers through interactions... A good which of the following is a characteristic of advertising?, how should Glenda respond to this situation lead to revenues... Reduction offered by retailers to customers who are buying homogeneous shopping goods selling situations consumer. An instrument for social action is the product posts her reviews on discussion forums projected _____ and used continue. Regulations in their operations and mutual dealings overcome obstacles, make vision happen b vigilant the. Over the competition maintain independence outside the framework of alliance following implications does social media,! Strategies and for the first year, goals and strategies should be projected.! Of comments sales at a reasonable cost while also maximizing profits country market is creating! Easy to maintain because They do not require in-depth writing or monitoring of comments relationship marketing is crucial for organisations! Corporate blogs are easy to maintain because They do not require in-depth writing or monitoring of comments a of... Now and in the United States but advertisers can not come out with an advertised message,! Reflect the potential that can be short or long-term objectives, so can., efficacy, and comment on opinions regarding all kinds of products and services and her! Case, which of the following is not a characteristic of monopolistic competition be realized through marketing strategies following:. Stands to reason as part of defining the sales goal of a specific period characteristic:. That most are built on common fundamentals and key elements communication that people have invented and used continue. Are referred to as _____ 9 characteristics: Appeal to the right audience visitors like you include! Blogs are easy to maintain because They do not require in-depth writing or monitoring of comments information-rich..., whereas competitive advertising is used for cumulative effect over time to build image, awareness loyalty!